GBP/AUD

Fundamentals favour the Australian Dollar by 61 points.

On the Macro Currency Strength Meter, the British Pound scores -10 and the Australian Dollar scores +51 — a gap of 61 points in favour of the Australian Dollar. The widest divergence is in growth, which favours the Australian Dollar. All else equal that gap is a fundamental tailwind for the Australian Dollar against the British Pound — though markets may already have priced much of it in.